Definition and Prioritization of MVP Features
Now that you know the market and your competitors, it is time to define the essential features for your MVP. As a basic app version with only functional features, an MVP should only include the functions necessary to solve the main problem.
To establish essential elements, categorize them based on priority and go with the high-priority ones for your MVP. You can implement the remaining features later in the development cycle after the target audience has validated the idea.